Wilmington, DE 19804,502 ESSEX AVE
Wilmington, DE 19804,502 ESSEX AVE
Wilmington, DE 19804,502 ESSEX AVE
Wilmington, DE 19804,502 ESSEX AVE
Wilmington, DE 19804,502 ESSEX AVE
Wilmington, DE 19804,502 ESSEX AVE
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$425,000

$425,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3,000 SqFt


SOLD DATE : 03/30/2023

Key Details

Sold Price $425,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $141

MLS Listing ID DENC2038490

Sold Date 03/30/23

Style Colonial

Abv Grd Liv Area 3,000

Originating Board BRIGHT

Year Built 1954

Annual Tax Amount $2,391

Tax Year 2022

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 60.00 x 125.00

Property Description

Don't miss this rare gem! Unique opportunity for investors or owner occupant rental property. Well maintained multi-family property with 3 units plus a 2-car garage. This property offers a unique opportunity to defray your mortgage payment with rental income from the 2 other units. Main floor unit is a spacious 2 Bedroom, 1.5 bath with bonus room on the main level of this classic home, conveniently located off of Boxwood Road. This floor plan consists of 2 large bedrooms plus an office or bonus room, living room, dining room, screened front porch, eat-in kitchen. Refinished hardwood flooring throughout main living and bedrooms. Laundry included in the basement with lots of storage. Off street parking plus garage and fully fenced backyard. The kitchen was remodeled in 2018 to include new cabinets, stainless steel appliances, tile backsplash, luxury vinyl tile flooring and beautiful countertops. The 2nd floor unit in the main house is a huge 1 bedroom, 1 bath apartment with spacious Living room/ Dining room, Kitchen and front porch. Above the garage you will find a cozy 1 bedroom, 1 bath apartment with kitchen. Also fully renovated kitchen in 2018. Updates include, Insulated inside of garage, installed french drain with sump pump in basement, main level apt. recently painted as well as entire exterior of house and garage. All 3 apartments separately metered for Electric. Full basement with plenty of storage and walk out stairs with separate entrance. Centrally located near Amazon, Prices Corner shopping center, Rt. 141, with easy access to I-95, I-495, I-295 or Rt. 1.

Location

State DE

County New Castle

Area Elsmere/Newport/Pike Creek (30903)

Zoning NC5

Rooms

Basement Outside Entrance, Sump Pump, Walkout Stairs, Interior Access, Full, Drainage System, Drain

Interior

Interior Features Built-Ins, Carpet, Ceiling Fan(s), Cedar Closet(s), Combination Kitchen/Dining, Dining Area, Kitchen - Galley, Pantry, Wood Floors

Hot Water Natural Gas, Oil

Heating Hot Water, Radiator

Cooling Ceiling Fan(s), Window Unit(s)

Flooring Hardwood, Luxury Vinyl Tile, Ceramic Tile

Fireplaces Number 1

Equipment Built-In Microwave, Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer

Fireplace Y

Appliance Built-In Microwave, Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer

Heat Source Natural Gas, Oil

Exterior

Exterior Feature Porch(es), Screened

Garage Spaces 5.0

Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Water Available

Water Access N

Roof Type Asphalt

Accessibility None

Porch Porch(es), Screened

Total Parking Spaces 5

Garage N

Building

Lot Description Rear Yard, Open, SideYard(s), Front Yard

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Red Clay Consolidated

Others

Tax ID 07-042.20-520

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Katina Geralis • EXP Realty, LLC
Bought with Bayard Williams • House of Real Estate
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7466 New Ridge Road Suite 1, Hanover, MD, 21076

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